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#ESTATE PLANNING CHECKLIST FREE#

Other valuable collections, e.g., coins, stamps, or gold (indicate if insured).

Valuable works of art (mark if insured).

General personal and household effects such as furniture, furnishings, books, and pictures of no special value.

If you think the general categories do not provide an adequate description, please provide additional detail.Īlso, be sure to state your best estimate of the value of each kind of property and who owns it (how you hold the title):

Other personal residences or vacation home addressesįinancial Assets: Personal and Household Effects.

Description (e.g., single family, condo, or co-op, similar description).

The character of the property, e.g., residence, shopping center, apartment house, or similar description.

You need to know all real estate locations with a complete address.

CV = Cash value of life insurance policy.

FMV = Fair market value (or your best estimate).

W = Wife's name alone (some forms are moving away from gendered spousal terms).

H = Husband's name alone (some forms are moving away from gendered spousal terms).

JT = Joint tenancy with right of survivorship.

You or your attorney may use the following abbreviations to describe certain attributes of particular assets: On the other hand, greater detail will be helpful for property interests that are more or less unique, such as interests in real estate.ĭo you have a financial planner, investment advisor, or insurance agent? Be sure to know their contact information. For example, shares in publicly traded companies might be shown simply as "common stocks."

The following questions do not require detailed responses. Is there other important personal information that might affect your estate plans?įor example, does a family member have a serious long-term medical or physical problem that will require special care or attention in the future? Financial Assets: The Basics If either you or your spouse has been divorced be prepared to attach a copy of the divorce decree.For any deceased children, specify if the child is from a prior marriage, adopted, etc.).List any deceased child and the date of the child's birth and death (and their surviving spouse and children if applicable).List the date and place of adoption of any adopted child. Which of your children is your child but not your spouse's (Or vice versa)? Adopted Children If any child should predecease a parent, should their share pass through to their children?.Are any of the children under special needs or disability support?.Are any of the children financially irresponsible?.Is there any reason to treat your children unequally?.Your children's children and dates of birth.Your children's spouses and dates of birth.Your children's names and dates of birth.

Is your spouse a citizen of the United States? If not, in what country are they a citizen?.

Are you a United States citizen? If not, of what country are you a citizen?.Contact information like phone number and email.State the names requested below exactly as you want them to appear in your will and other estate planning documents.

#ESTATE PLANNING CHECKLIST FREE#

Honest information will help you come up with the best possible estate plan.įeel free to print these questions and fill them out before you start or review them to understand what to expect in the estate planning process. However, keep in mind that the more complete the information is, the better it will equip you throughout the planning process. We recognize that these types of questions can feel pretty intrusive. You can expect the following questions to be asked by an attorney or in your online form process. If your lawyer or the online form process believes that exact information is required, they will ask you to be more precise. If you are uncertain about the exact information, tell your lawyer that, and give your best assessment. Your DIY form process or lawyer will use the information you provide, so it must be as accurate as possible. The Purpose of Preparing Estate Information When you create your documents online or at your first meeting with your attorney, you should be prepared to provide the following information listed in this estate planning questionnaire. To do the best possible job creating your estate plan, you and any attorney need to understand information about your family and assets.